the goal of mcewen mining is to qualify for inclusion in the s&p 500 by creating a high growth gold producer focused in the americas. mcewen mining's principal assets consist of the san josé mine in santa cruz, argentina (49% interest); the el gallo complex in sinaloa, mexico; the gold bar project in nevada, us; the los azules project in san juan, argentina and a large portfolio of exploration properties in argentina, mexico and nevada. mcewen mining has 297,417,091 shares issued and outstanding at august 7, 2014. rob mcewen, chairman, president and chief owner, owns 25% of the shares of the company (assuming all outstanding exchangeable shares are exchanged for an equivalent amount of common shares). as of june 30, 2014 mcewen mining had cash and liquid assets of approximately us$16.6 million.
Company profile
Ticker
MUX
Exchange
Website
CEO
Robert McEwen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
U S GOLD CORP
SEC CIK
Corporate docs
Subsidiaries
10393444 Canada Inc. • 11195581 Canada Inc. • 912413 Ontario Inc. • Compania Minera Pangea S.A. de C.V. • Gold Bar Enterprises LLC • Golden Pick LLC • Las Yaretas S.A. • Latin America Exploration Inc. • Lexam Explorations (USA), Inc. • Lexam VG Gold Inc. ...
IRS number
840796160
MUX stock data
Latest filings (excl ownership)
425
Business combination disclosure
17 Apr 24
8-K
Voting and Support Agreement
17 Apr 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
Results of Operations and Financial Condition
1 Mar 24
8-K
The McEwen Mining January 2024 Difference TD Securities Global Mining Conference
26 Jan 24
EFFECT
Notice of effectiveness
3 Jan 24
CORRESP
Correspondence with SEC
27 Dec 23
8-K
McEwen Mining Closes Flow-Through Financing
15 Dec 23
S-3/A
Shelf registration (amended)
11 Dec 23
CORRESP
Correspondence with SEC
11 Dec 23
Transcripts
MUX
Earnings call transcript
2023 Q4
1 Mar 24
MUX
Earnings call transcript
2023 Q3
9 Nov 23
MUX
Earnings call transcript
2023 Q2
10 Aug 23
MUX
Earnings call transcript
2023 Q1
9 May 23
MUX
Earnings call transcript
2022 Q4
14 Mar 23
MUX
Earnings call transcript
2022 Q3
7 Nov 22
MUX
Earnings call transcript
2022 Q2
13 Aug 22
MUX
Earnings call transcript
2022 Q1
13 May 22
MUX
Earnings call transcript
2021 Q4
9 Mar 22
MUX
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 53.34 mm | 53.34 mm | 53.34 mm | 53.34 mm | 53.34 mm | 53.34 mm |
Cash burn (monthly) | 11.90 mm | 444.75 k | 9.61 mm | 13.01 mm | 760.00 k | 4.34 mm |
Cash used (since last report) | 82.13 mm | 3.07 mm | 66.33 mm | 89.80 mm | 5.24 mm | 29.92 mm |
Cash remaining | -28.79 mm | 50.27 mm | -12.99 mm | -36.45 mm | 48.10 mm | 23.42 mm |
Runway (months of cash) | -2.4 | 113.0 | -1.4 | -2.8 | 63.3 | 5.4 |
Institutional ownership, Q3 2023
16.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 74 |
Opened positions | 12 |
Closed positions | 9 |
Increased positions | 24 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 39.07 bn |
Total shares | 8.10 mm |
Total puts | 474.95 k |
Total calls | 188.68 k |
Total put/call ratio | 2.5 |
Largest owners | Shares | Value |
---|---|---|
Van Eck Associates | 1.97 mm | $12.83 mm |
Mirae Asset Global Investments | 1.04 mm | $6.77 bn |
BLK Blackrock | 647.06 k | $4.21 bn |
Vanguard | 582.87 k | $3.79 bn |
Jane Street | 451.73 k | $2.94 bn |
Geode Capital Management | 384.83 k | $2.50 bn |
Two Sigma Advisers | 291.43 k | $1.89 bn |
Susquehanna International | 269.86 k | $1.75 bn |
Two Sigma Investments | 175.97 k | $1.14 bn |
MS Morgan Stanley | 154.14 k | $1.00 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Aug 23 | Michelle Makori | Stock Option Common Stock | Grant | Acquire A | No | No | 8.28 | 20,000 | 165.60 k | 20,000 |
30 Aug 23 | Ian J Ball | Stock Option Common Stock | Grant | Acquire A | No | No | 8.28 | 10,000 | 82.80 k | 10,000 |
News
McEwen Mining Acquires Timberline To 'Unlock Synergies' In Nevada Gold Operations
17 Apr 24
McEwen Mining To Acquire Timberline Resources At 132% Premium
16 Apr 24
Gold Rush Begins As Fed Hints At Rate Cuts: 5 Mining Stocks Glitter With Over 30% Rally This Month
22 Mar 24
HC Wainwright & Co. Maintains Buy on McEwen Mining, Lowers Price Target to $13
4 Mar 24
McEwen Mining, Buenaventura Report Financial Results; Royal Gold Declares A Dividend And More: Friday's Top Mining Stories
1 Mar 24